
Naira







The Nigerian currency recorded a poor performance against the dollar in the official and unofficial foreign exchange markets as speculators fight back.

The naira began the week with a decline, confirming currency traders' earlier warning that speculators might push back against the currency's recovery.

The new dollar to naira exchange rate has attracted the attention of a businessman who said the effect of the crashing dollar will be felt in three months.

The Central Bank of Nigeria (CBN) has slashed the Customs duty rates for cargo clearance following the naira's rally in the official foreign exchange market.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reported an uptick in Nigeria's crude oil production in November, at 1.7 million barrels.

The Association of Bureau De Change Operators of Nigeria (ABCON) has set operating hours for its members as aligned by the Central Bank of Nigeria (CBN) and NSA.

As 2024 ends, Google Trends reveals Nigeria's top searches, highlighting the list of the most asked questions nationwide. Legit.ng notes the searches.

Twenty-four hours after depreciating, the naira finally recovered to its prior level of appreciation against the US dollar on the official foreign exchange market.

The Central Bank of Nigeria (CBN) has clarified a fake circulated circular that it sells dollars at a very cheap rate to Bureau de Change operators.
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